TMM - The NZ Mortgage Mag Issue 5 2020

Page 28

FEATURES • LEGAL

Apart from the differences we are exactly the same Calls are being made to follow Australia and dump the responsible lending rules, but Jonathan Flaws says it’s not that simple as there are big differences. BY JONATHAN FLAWS

‘I’m not suggesting our lender responsibility principles are perfect and, in the environment of mortgage lending, couldn’t do with tweaking in some areas.’

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